When you say taxable do you mean tax deductible??
All this math his hurting my pretty little brain.

So, to recap:
Tuition is 5,000
Tuition, fees, books, meals, room, fees= 10,000
(I'll work w/ round numbers)
So a 20% scholly is 2,ooo to be applied to "xyz"
Right?
Whereas if it were only on the tuition it would be $1,000.
By george I think I've got it!!

So the 20% is off all that. Not just the
_______________________
"People ask me what I do in winter when there's no baseball. I'll tell you what I do. I stare out the window and wait for spring." Rogers Hornsby, Hall of Famer